Marc Benioff Net Worth
Marc Benioff Net Worth and salary: Marc Benioff is an American businessman, author and philanthropist who has a net worth of $6.7 billion dollars. Marc Benioff was born September 25, 1964 in San Francisco, California. He is the founder, Chairman and co-CEO of SalesForce.com, a cloud computing enterprise software company. Marc owns 4% of Salesforce as of this writing, which currently has a market cap north of $120 billion. He has already sold $1.5 billion worth of stock over the years. Prior to founding Salesforce in 1999, Benioff worked at Oracle for 13 years. Salesforce has since grown into an enterprise software giant on an acquisition warpath. One of its most notable acquisitions is the July 2013 purchase of email marketing company ExactTarget for $2.3 billion. It also acquired Buddy Media for $689 million in June 2012 and, months later, Canadian startup Golnstant for a reported $70 million. An entrepreneurial spirit since adolescence, Benioff founded his first company, which created Atari video games, when he was just 15. Fun fact: Marc's distant cousin David Benioff is the genius behind the Game of Thrones HBO show. They share the same grandfather.
Amid the backlash against technology companies and billionaires from the Bay Area, Marc Benioff has become a voice of compromise. City natives complain that the growth of companies like Twitter and Facebook are causing the cost of living to skyrocket and Benioff argues that tech firms should be doing more to give back. He's argued that current housing laws and transportation regulations have been "unfair" to long-time San Franciscans and has argued for corporations to set aside their equity for public charities. Benioff is doing his personal part as the namesake of the city's UCSF Benioff Children's Hospital. He pledged $100 million to the institution in 2010. He was an outspoken supporter and early backer of Hillary Clinton. In 2010, Fortune named Benioff one of the Smartest 50 People in Tech, as well as one of the Top 50 People in Business. The San Francisco Business Times named Benioff 2009 Executive of the Year, "for defying the fierce economic downdraft—and taking the lead role in the creation of an industry."